Edition:
United Kingdom

1&1 Drillisch Confirms 2019 Outlook


Wednesday, 15 May 2019 

May 15 (Reuters) - 1&1 Drillisch AG ::DGAP-NEWS: 1&1 DRILLISCH AG - SUCCESSFUL START TO THE YEAR.EBITDA GROWS BY 1.8% TO EUR168.5 MILLION, ADJUSTED INCREASE 9.7%.CONFIRMATION OF FORECAST 2019.NUMBER OF CUSTOMER CONTRACTS RISES BY 180,000 TO 13.72 MILLION.DURING Q1 2019, TOTAL REVENUES ROSE IN COMPARISON WITH Q1 2018 BY 0.9% FROM EUR904.3 MILLION TO EUR912.1 MILLION.SUBSTANTIATES ITS FORECAST FOR 2019 TO EFFECT THAT HIGH-MARGIN SERVICE REVENUES SHOULD CONTINUE TO GROW BY 4% WHILE FURTHER DEVELOPMENT OF LOW-MARGIN HARDWARE SALES REMAINS TO BE SEEN.EXPECTS EBITDA TO CONTINUE TO GROW BY APPROXIMATELY 10%.ALSO UNCHANGED, 1&1 DRILLISCH PLANS TO FURTHER SUBSTANTIATE ITS EBITDA FORECAST AFTER COMPLETION OF AFOREMENTIONED EXPERT OPINION PROCESS.